Pizza shops have conquered Indian consumers’ palates and hearts, whether they are in crowded metropolises or quiet rural areas. As a result, many entrepreneurs are leveraging this development by opening pizza shops in odd places like freeways or neglected areas. If you’re thinking about starting a franchise in India, Domino’s Pizza offers a fantastic chance to make good money. So, in this blog, we are going to learn about Domino’s Franchise Cost in India & more related information to it.
We will give you a thorough, step-by-step tutorial on how to launch a Domino’s franchise in India in this blog post. We’ll take you step-by-step through the crucial facts you need to know to make your goal of owning a Domino’s franchise a reality, from comprehending the franchise requirements through the application procedure.
Starting Domino’s Pizza Franchise In India
Let’s quickly review the history of the Indian Domino’s Pizza franchise. The first Domino’s Pizza location in India opened in Delhi in 1996 under the management of Jubilant FoodWorks Limited.
Currently, in addition to vegetarian and non-vegetarian pizzas, Domino’s also sells a variety of other foods that are very well-liked by its consumers, including chicken wings, several kinds of spaghetti, garlic bread, and butterscotch mousse cake. With a staggering share of 62% of the pizza market and 72% of pizza deliveries in India, there are currently 552 Domino’s pizza shops spread throughout 130 cities in India.
What is the Domino’s Franchise Cost in India?
Before starting a Domino’s franchise, the cost is the first item that comes to mind
- For a standard pizza outlet, a Domino’s Franchise Cost in India can be up to 5000000 (INR 50 lacs) in India.
- On the other hand, setting up a non-traditional outlet can cost $300,000 (INR 30 lacs).
- However, you should carefully consider your options before investing such a large sum of money because Domino’s franchise price in Indian rupees could approach 50 lakhs if the rent for the restaurant is excessive. Therefore, a well-thought-out business plan is essential for anyone looking to launch a Domino’s pizza franchise.
Steps to Start a Domino’s Franchise in India
You can take the following actions to launch a Domino’s franchise in India:
Step 1 – Research and Assessment: Do a thorough investigation of Domino’s as a potential franchise, paying attention to the company’s reputation, market presence, and franchise criteria. To find out if you qualify for a Domino’s franchise, evaluate your personal credentials, expertise, and financial capacity.
Step 2 – Contact Domino’s: If you’re interested in starting a franchise with Domino’s, contact their franchise development team via their official website. Ask for specific details on the franchise application procedure, requirements, and costs.
Step 3 – Franchise Application: Fill out the Domino’s franchise application form. Submit the necessary paperwork, which should include your personal identification, ownership documentation or a lease for the desired site, among other things.
Step 4 – Evaluation and Approval: Your application, financial situation, and franchise fitness will all be considered by Domino’s. You will be given permission to proceed with the franchise if your application satisfies the requirements and you pass the evaluation procedure. After that, you will be requested to wait for a phone interview.
Step 5 – Telephonic Interview: You will go to the following round once you successfully complete your telephone interview. The franchise development manager will now schedule a meeting with you to go over the specifics of the franchise’s development. If the meeting goes well, you will be given the financial information and other crucial instructions for further due diligence.
Step 6 – Franchise Agreement and Fees: The Domino’s franchise agreement, which describes the specifics of the franchise connection, should be carefully read before signing. Pay the franchise fee and startup capital requirements in accordance with the contract’s terms.
Step 7 – Location Selection and Setup: Cooperate closely with Domino’s in choosing a suitable location for your franchise operation. To set up your business, design the interior, and add branding features, abide by Domino’s instructions.
Step 8 – Training and Staffing: It’s time for your franchisee orientation and training right now. At this stage, you will learn in-depth information on the duties involved in managing a Domino’s franchise. According to Domino’s policies, hire and train employees.
Step 9 – Licensing and Legal Requirements: The agreement will be signed at this point, which is the last stage. Obtain the appropriate licenses and licenses for running a food business. Make sure all local laws and regulations are followed.
Step 10 – Marketing and Launch: Together with Domino’s, develop a marketing and promotion strategy. Launch your Domino’s franchise location while using their brand recognition and marketing tactics.
Step 11 – Ongoing Operations and Support: Run your business in accordance with Domino’s guidelines, upholding consistency, quality, and service. Take advantage of Domino’s continuing assistance and direction with regard to marketing, operations, and product improvements.
Domino’s Franchise Business Models in India
In general, the three formats for a Domino’s Pizza retail location are as follows:
- Traditional Domino’s Pizza Stores: These are retail establishments that are primarily found in shopping malls, strip malls, and other settings with sufficient parking for both store patrons and delivery cars. Pizza and other products sold by Domino’s Pizza Traditional Stores are available for delivery and takeout.
- Non-Traditional Domino’s Pizza Stores: Non-traditional establishments offer Domino’s Pizza and other products and services that are approved. Office buildings, malls, stadiums, toll highways, zoos, airports, and other retail establishments are among these places. Domino’s Pizza Non-Traditional Stores typically just provide carry-out service, although depending on the location, they can also have seating available.
- Transitional Domino’s Pizza Stores: Transitional stores are establishments where the food is tailored to the surroundings. In specific markets with fewer potential customers than Domino’s Pizza Traditional Stores, Domino’s Pizza Transitional Stores are situated.
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